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What is Human Capital?
Human capital is just one of an organisation’s intangible assets. It is basically all of the competencies and commitment of the people within an organisation i.e. their skills, experience, potential and capacity. Other examples of intangible assets include: brand, software, design, working methods and customer relationships. The human capital asset captures all the people oriented capabilities we need for a business to be successful.
It’s important to remember, however, that individuals are only an asset insofar as they choose to invest their human capital in an organisation.
Some people find the term Human Capital somewhat mechanistic, but human capital View the rest of this article
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